Example Rental

Class B-, built in the mid 1980s, we did some internal modernizing and a new roof

Return to Track Record

4954 S Germantown Rd Memphis, Tennessee 38141

  • 4 Beds
  • 2.0 Baths
  • 1,643 Sqft
  • -1.76% Cash on Cash

Cost & Income

Purchase Price
$215,319
Renovation Costs
$25,993
Development Fee
$3,500
Total Basis
$244,812
Purchase Date
06/24/22
Date Rented -1362 days
Gross Rent
$1,395/mo
Vacancy (5.00%)
($6)
Property Mgmt (7.50%)
($105)
Other Expenses
($553)
Net Operating Income
$732/mo
Cap Rate
3.59%

Levered Cash Return
Not including any appreciation

Appraised Value
$212,901
Loan (75% LTV)
$159,676
LTC %
65%
Cash In
$85,136
Yield on Cash
0.94%
Net Operating Income
$8,783
Debt Service (P&I)
($10,283)
Cash Flow -1.76%
$-1,500
Principal Paydown 2.70%
$2,299
Total Income
$799
4954 S Germantown Rd
Estimated Value
$212,901
Value Over Cost
$-31,911
Initial Capital Gain
-13.03%

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